Wednesday, April 16, 2014

Tax Rumination «

Tax Rumination «: "No reason to go on. I’ll just leave with my annual takeaway point. I think my family is upper middle class at best, and we pay $63,000 every year in taxes. My bet is half of this is totally wasted and funneled to politically favored interests. My bet is that half the remaining funds are used to supply services that we take advantage of (this is not to say they couldn’t otherwise be provided” and the remaining quarter maybe goes to do things we otherwise couldn’t do on our own. But the larger point I will beat on until I am in the grave … at all levels of government we spend DIRECTLY over $6 trillion. That government spending is equivalent to the second or third largest country on Earth if we relate that to GDP. And people are still screaming that we can’t get basic infrastructure provided. We can’t get adequate schooling provided. We can’t get enough funds for basic scientific research. Our military is squeezed. Our state budgets are squeezed."